5N Plus (TSE:VNP) Given a C$26.00 Price Target by Canaccord Genuity Group Analysts

Canaccord Genuity Group set a C$26.00 price objective on 5N Plus (TSE:VNP) in a research note published on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently weighed in on VNP. Raymond James Financial increased their target price on 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. National Bankshares increased their price objective on 5N Plus from C$17.00 to C$21.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Cormark upgraded shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, September 25th. Desjardins upped their target price on shares of 5N Plus from C$17.50 to C$23.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Ventum Financial increased their price target on shares of 5N Plus from C$19.00 to C$21.50 in a report on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$23.50.

5N Plus Stock Performance

Shares of VNP opened at C$19.49 on Thursday. The company has a market capitalization of C$1.74 billion, a PE ratio of 39.78, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.89. The company has a debt-to-equity ratio of 104.29, a current ratio of 3.49 and a quick ratio of 1.51. 5N Plus has a one year low of C$4.90 and a one year high of C$22.50. The company’s fifty day moving average price is C$19.12 and its 200 day moving average price is C$16.04.

5N Plus (TSE:VNP) last released its quarterly earnings results on Monday, November 3rd. The company reported C$0.20 earnings per share (EPS) for the quarter. The company had revenue of C$146.06 million during the quarter. 5N Plus had a net margin of 5.63% and a return on equity of 11.86%. As a group, analysts expect that 5N Plus will post 0.3739703 earnings per share for the current year.

About 5N Plus

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.